All major cryptocurrencies experienced a decline during morning trading on Wednesday. Among them, Cardano (ADAUSD) saw the largest decrease, falling 4.52% to 50 cents.
Here are the other notable changes in cryptocurrency prices:
- Uniswap (UNIUSD) fell 4.33% to $6.03.
- Solana (SOLUSD) dropped 4.27% to $99.83.
- Polkadot (DOTUSD) declined 4.27% to $6.71.
- Dogecoin (DOGEUSD) decreased 2.71% to 8 cents.
- Ethereum (ETHUSD) fell 3.06% to $2,307.60.
- Polygon (MATICUSD) and Bitcoin (BTCUSD) experienced a 1.85% and 1.55% drop, reaching 80 cents and $42,871.00 respectively.
- Ripple (XRPUSD) posted the smallest decline of 1.38%, settling at 50 cents.
Crypto-Related Company News:
- Shares of Coinbase Global Inc. (COIN) rose 0.65% to $131.67.
- MicroStrategy Inc. (MSTR) fell 1.35% to $512.51.
- Riot Platforms Inc. (RIOT) shares dropped 1.81% to $11.14.
- Marathon Digital Holdings Inc. (MARA) shed 2.13% to $17.73.
- Block Inc. (SQ) saw a decline of 1.51% to $67.19.
- Tesla Inc. (TSLA) experienced a drop of 1.23%, ending at $189.24.
- PayPal Holdings Inc. (PYPL) shed 1.64% to $62.64.
- Ebang International Holdings Inc. (EBON) shares declined 3.15% to $8.95.
- NVIDIA Corp. (NVDA) dropped 1.74% to $616.79.
- Advanced Micro Devices Inc. (AMD) experienced a 2.57% drop, reaching $167.65.
In the fund space, the blockchain-focused Amplify Transformational Data Sharing ETF (BLOK) slipped 0.73% to $27.25. The Bitwise Crypto Industry Innovators ETF (BITQ), which focuses on pure-play crypto companies, dropped 2.20% to $9.06.